Nutanix CFO Rukmini Sivaraman sells $2.67 million in company stock

Chief Financial Officer Rukmini Sivaraman of Nutanix, Inc. (NASDAQ:NTNX) sold 38,139 shares of the company's Class A Common Stock on September 17, 2026. The transaction was part of a Rule 10b5-1 trading plan that Sivaraman had adopted on July 9, 2025. The shares were sold at prices between $70.00 and $70.01 per share, with a weighted average price of $70.002.

This sale amounted to approximately $2.67 million. Nutanix's stock had risen by 69% over the previous six months, with a market capitalization of $18.9 billion, indicating strong investor confidence. Despite the sale, Sivaraman still owned 325,487 shares of Nutanix Class A Common Stock. Prior to the sale, Nutanix had withheld 75,347 shares to cover tax obligations related to the vesting of her RSUs, valued at $5.12 million.

Additionally, Nutanix has been receiving positive attention from analysts, with several firms raising their stock price targets based on the company's financial performance and growth prospects.